Eurozone public debt to exceed 90% of GDP in 2026, reach euro crisis level in 2027

Coronavirus

The European Commission attributed these figures to rising energy prices caused by the war around Iran, but made no mention of any connection between these numbers and military financing for Ukraine BRUSSELS, May 21. /TASS/. Public debt of the eurozone’s 21 member states will exceed the psychological threshold of 90% of their combined GDP in 2026 and reach 91.2% of GDP in 2027, comparable to the level seen during the eurozone sovereign debt crisis of 2010-2014 and the COVID-19 pandemic period

Tag-uri: Coronavirus

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